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https://www.barrons.com/articles/draftkings-wants-to-buy-entain-in-22-billion-deal-it-faces-an-mgm-problem-51632313463
Sept. 22, 2021 8:24 americium ET
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U.K. sports betting and gambling elephantine Entain confirmed precocious Tuesday it has received a takeover attack from DraftKings, valuing the institution astatine $22 billion.
Entain (ticker: ENT.London), whose banal surged for a 2nd consecutive day, hitting all-time highs connected Wednesday, revealed that it had rejected an earlier connection of £25 per stock from the Boston-based institution but was present considering a 2nd connection worthy £28 per share, £6.30 of which would beryllium successful cash.
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